Community First Bancshares Inc (NASDAQ:CFBI) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 4,300 shares, a growth of 19.4% from the June 30th total of 3,600 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the company’s shares are short sold.
A number of institutional investors have recently modified their holdings of CFBI. Dimensional Fund Advisors LP grew its holdings in Community First Bancshares by 112.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 32,031 shares of the company’s stock valued at $373,000 after buying an additional 16,982 shares in the last quarter. Context BH Capital Management LP purchased a new position in Community First Bancshares during the 2nd quarter valued at approximately $312,000. Finally, Renaissance Technologies LLC grew its holdings in Community First Bancshares by 15.2% during the 2nd quarter. Renaissance Technologies LLC now owns 50,450 shares of the company’s stock valued at $501,000 after buying an additional 6,650 shares in the last quarter. Institutional investors own 3.11% of the company’s stock.
Community First Bancshares stock traded up $0.20 during mid-day trading on Wednesday, hitting $10.15. The company’s stock had a trading volume of 2,550 shares, compared to its average volume of 5,691. Community First Bancshares has a 1 year low of $9.82 and a 1 year high of $11.92. The business has a fifty day moving average price of $9.99.
Community First Bancshares (NASDAQ:CFBI) last issued its quarterly earnings data on Monday, May 13th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $3.38 million during the quarter. Community First Bancshares had a return on equity of 1.76% and a net margin of 8.07%.
Community First Bancshares Company Profile
Community First Bancshares, Inc operates as the holding company for Newton Federal Bank that provides various banking products and services in the United States. The company offers various deposit accounts, including checking accounts, savings accounts, and certificate of deposit accounts. It also provides one-to four-family residential real estate loans, commercial real estate loans, commercial and industrial loans, construction and land loans, indirect automobile loans, and consumer loans, as well as multi-family residential real estate loans, and home equity loans and lines of credit.
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